International
The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase certain shipments of Russian crude oil, a move aimed at preventing disruptions in global energy markets amid escalating tensions in the Middle East. The decision comes as concerns grow over potential supply shocks linked to the conflict affecting key oil routes […]
Business Trade
India’s crude oil imports from the United States saw a dramatic increase in February 2025, doubling to an average of 200,000 barrels per day (bpd) from 110,000 bpd in January. This rise underscores India’s efforts to diversify its energy sources amid shifting global trade patterns and geopolitical tensions. The increase in imports from the US […]